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Realities of Forex Investment
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mnandii
#1941 Posted : Wednesday, June 27, 2012 5:48:55 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Solicitations of a Euro Bear:

"Oh Euro, Oh Euro! At what level wilt thou decide to take the plunge?"
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mnandii
#1942 Posted : Wednesday, June 27, 2012 6:03:03 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
A SELL EURUSD trade from 1.2462 TP 1.2300. A pending trade at 1.2560 incase Euro decides to spike up before falling.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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hisah
#1943 Posted : Thursday, June 28, 2012 11:48:40 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
https://eccpub.com/repor...ort.php?date=2012-06-27 - Wow! Those lot sizes are an active large size traders' dream smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mnandii
#1944 Posted : Friday, June 29, 2012 8:13:32 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Wow. What a move on EURO$. Now the correction is complete. Down moves.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mnandii
#1945 Posted : Friday, June 29, 2012 8:15:41 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
hisah wrote:
mnandii wrote:
Gold targeting 1300. EURUSD to soar before plunging toward 1.19 levels.

Their is strong support at $1500 - $1540 level. Two asian central banks got in at that zone. I want to see if the shake out can test again $1520 and then the bids take over. It will be very hard to tear beyond $1480 with china and asia on the bid side. The asians have been buying record amounts on every price dip opportunity.

But I prefer silver which has now leaked below $27. If it can test $24.50 - $25 the better for a buy grab.


I believe Gold will touch $1300. The commodity bulls threw in the towel awhile back.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mnandii
#1946 Posted : Friday, June 29, 2012 8:23:58 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mnandii wrote:
Gold targeting 1300. EURUSD to soar before plunging toward 1.19 levels.


Sometime back. smile
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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QW25091985
#1947 Posted : Friday, June 29, 2012 9:17:34 AM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
what the heck just happened ? on euro$ ??????????????????????
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mnandii
#1948 Posted : Friday, June 29, 2012 9:21:56 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
QW25091985 wrote:
what the heck just happened ? on euro$ ??????????????????????


Some announcement at a summit.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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hisah
#1949 Posted : Friday, June 29, 2012 3:20:10 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
mnandii wrote:
QW25091985 wrote:
what the heck just happened ? on euro$ ??????????????????????


Some announcement at a summit.

And now goldman recommends buying spanish, italian bonds... The trap has been laid...

Aussie highest vs USD as oil & silver equally spike. EU summit has fixed nothing. The hopium will be gone by next week. Nothing to see here.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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QW25091985
#1950 Posted : Saturday, June 30, 2012 12:03:49 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
so here's my conclusion of the euro summit

The EU plan was “a decisive solution using a fund that doesn’t exist to buy debt that won’t be repaid via a mechanism that has yet to be agreed upon
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